Riverbend Community Mental Health Inc
Riverbend Community Mental Health Inc. shows consistent revenue growth and strong asset base, with recent minor deficit.
EIN: 20264383 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.0M |
| Total Expenses | $36.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $36M |
| Net Assets | $30.3M |
| Transparency Score | 85/100 |
Is Riverbend Community Mental Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverbend Community Mental Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverbend Community Mental Health Inc
Riverbend Community Mental Health Inc (EIN: 20264383) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $38.0M and total assets of $36.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverbend Community Mental Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverbend Community Mental Health Inc is a large nonprofit that has been operating for 67 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.2M |
| Total Expenses | $36.9M |
| Surplus / Deficit | $-713,410 |
| Total Assets | $38.8M |
| Total Liabilities | $8.5M |
| Net Assets | $30.3M |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 21.9% |
| Months of Reserves | 12.6 months |
Financial Health Grade: B
In 2023, Riverbend Community Mental Health Inc reported a deficit of $713K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Riverbend Community Mental Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | +8.6% | -5.8% |
| 2022 | -15.5% | -0.1% | +8.8% |
| 2021 | +23.2% | -1.0% | +17.9% |
| 2020 | +7.5% | +8.1% | +23.2% |
| 2019 | +14.6% | +11.2% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Riverbend Community Mental Health Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Riverbend Community Mental Health Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $713K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.9%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size ($36M+ revenue), suggesting either a unique compensation structure where executives are not compensated, or their compensation is categorized differently and not captured under 'Officer Comp' in the provided data. This warrants further investigation into the detailed 990 forms to understand the full picture of executive remuneration.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Riverbend Community Mental Health Inc's IRS 990 filings:
- Reported 0% officer compensation for an organization of this size is highly unusual and requires further investigation into detailed 990 forms to understand actual executive remuneration.
- Expenses ($36,901,261) slightly exceeded revenue ($36,187,851) in the 2023 fiscal period, leading to a minor operational deficit.
Strengths
The following positive indicators were identified for Riverbend Community Mental Health Inc:
- Consistent revenue growth over the past decade, from $21.7M in 2014 to $36.1M in 2023.
- Strong asset base, consistently growing and peaking at over $41M in 2022, indicating good financial health and reserves.
- Generally stable financial operations with expenses closely aligned with revenue over many years, demonstrating fiscal prudence.
- Low liabilities relative to assets, with liabilities at $8.5M against $38.8M in assets in 2023, indicating a healthy balance sheet.
Frequently Asked Questions about Riverbend Community Mental Health Inc
Is Riverbend Community Mental Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverbend Community Mental Health Inc (EIN: 20264383) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Riverbend Community Mental Health Inc spend its money?
Riverbend Community Mental Health Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riverbend Community Mental Health Inc tax-deductible?
Riverbend Community Mental Health Inc is registered as a tax-exempt nonprofit (EIN: 20264383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Riverbend Community Mental Health Inc CEO make?
Riverbend Community Mental Health Inc's highest-compensated officer earns $36M annually. The organization reported $38.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Riverbend Community Mental Health Inc's spending goes to programs?
Riverbend Community Mental Health Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Riverbend Community Mental Health Inc located?
Riverbend Community Mental Health Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20264383.
How many years of IRS 990 filings does Riverbend Community Mental Health Inc have?
Riverbend Community Mental Health Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $38.0M in total revenue.
Is Riverbend Community Mental Health Inc. financially stable?
Yes, Riverbend Community Mental Health Inc. appears financially stable, with assets consistently exceeding liabilities and a history of revenue growth. While the 2023 filing showed a slight deficit ($36.1M revenue vs. $36.9M expenses), this follows several years of positive net income or near break-even operations, and the organization maintains a strong asset base of $38.8M.
How has Riverbend Community Mental Health Inc.'s revenue trended over time?
Riverbend Community Mental Health Inc. has shown consistent revenue growth, increasing from $21.7 million in 2014 to $36.1 million in 2023, with a peak of $44 million in 2021.
What is the significance of 0% officer compensation?
The reported 0% officer compensation is highly unusual for an organization of this scale. It could indicate that executive leadership is uncompensated, or that their compensation is reported under different expense categories within the detailed IRS Form 990, rather than the specific 'Officer Comp' line item provided in this summary. This requires deeper scrutiny of the full 990 forms.
Filing History
IRS 990 filing history for Riverbend Community Mental Health Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Riverbend Community Mental Health Inc's revenue has grown by 68.2%, moving from $21.5M to $36.2M. Total assets increased by 109% over the same period, from $18.6M to $38.8M. Total functional expenses rose by 77.7%, from $20.8M to $36.9M. In its most recent filing year (2023), Riverbend Community Mental Health Inc reported a deficit of $713K, with expenses exceeding revenue. The organization holds $8.5M in liabilities against $38.8M in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $30.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36.2M | $36.9M | $38.8M | $8.5M | — | View 990 |
| 2022 | $37.2M | $34.0M | $41.2M | $10.5M | — | View 990 |
| 2021 | $44.1M | $34.0M | $37.9M | $9.5M | — | View 990 |
| 2020 | $35.7M | $34.4M | $32.1M | $15.0M | — | View 990 |
| 2019 | $33.3M | $31.8M | $26.1M | $9.9M | — | View 990 |
| 2018 | $29.0M | $28.6M | $22.9M | $8.2M | — | View 990 |
| 2017 | $27.5M | $26.1M | $22.8M | $8.5M | — | View 990 |
| 2016 | $24.4M | $23.8M | $21.3M | $8.9M | — | View 990 |
| 2015 | $22.5M | $21.4M | $22.5M | $10.5M | — | View 990 |
| 2014 | $21.8M | $21.1M | $21.1M | $9.9M | — | View 990 |
| 2013 | $22.3M | $20.8M | $20.2M | $10.1M | — | View 990 |
| 2012 | $21.5M | $20.8M | $18.6M | $10.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.2M, expenses of $36.9M, and assets of $38.8M (revenue -2.8% year-over-year).
- 2022: Revenue of $37.2M, expenses of $34.0M, and assets of $41.2M (revenue -15.5% year-over-year).
- 2021: Revenue of $44.1M, expenses of $34.0M, and assets of $37.9M (revenue +23.2% year-over-year).
- 2020: Revenue of $35.7M, expenses of $34.4M, and assets of $32.1M (revenue +7.5% year-over-year).
- 2019: Revenue of $33.3M, expenses of $31.8M, and assets of $26.1M (revenue +14.6% year-over-year).
- 2018: Revenue of $29.0M, expenses of $28.6M, and assets of $22.9M (revenue +5.7% year-over-year).
- 2017: Revenue of $27.5M, expenses of $26.1M, and assets of $22.8M (revenue +12.6% year-over-year).
- 2016: Revenue of $24.4M, expenses of $23.8M, and assets of $21.3M (revenue +8.3% year-over-year).
- 2015: Revenue of $22.5M, expenses of $21.4M, and assets of $22.5M (revenue +3.5% year-over-year).
- 2014: Revenue of $21.8M, expenses of $21.1M, and assets of $21.1M (revenue -2.2% year-over-year).
- 2013: Revenue of $22.3M, expenses of $20.8M, and assets of $20.2M (revenue +3.5% year-over-year).
- 2012: Revenue of $21.5M, expenses of $20.8M, and assets of $18.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverbend Community Mental Health Inc:
Data Sources and Methodology
This transparency report for Riverbend Community Mental Health Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.